The purpose of this study was to assess any differences in psychosocial problems among adolescents living with both parents, or with their mother or their father. Any benefits of living with a same-sex parent compared to a parent of the opposite sex, was also analysed. A total of 1,686 adolescents aged 14-15 years participated from 29 schools in Hordaland county, including schools in downtown Bergen and more rural areas. The findings revealed significantly more psychosocial problems among the adolescents living with one parent compared to both parents. Significant differences were also observed between adolescents living in mother custody compared to father custody, indicating more problems among the latter group. Furthermore, girls living with their father had significantly higher levels of psychological symptoms, compared to boys in father custody. Similarly, boys living with their father were involved in more stealing behavior than girls in father custody. However, residence arrangement accounted for only a limited proportion of the variance in the adolescents' psychosocial problems, indicating large within-group variance and overlap between the different custody groups.